ρ +0.71beyond mkt +0.41holdout +0.72stable 100%robust
LECO Lincoln Electric Holdings, Inc. Common Shares
- Last close
- 275.35
- 504-day return
- +40.23%
- Median $/day
- $72.8M
- Relationships shown
- 11
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
LECO vs ESAB
Both indexed to 100 at 2026-05-11.
Moves with LECO
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.70beyond mkt +0.30holdout +0.68stable 100%robust
ρ +0.69beyond mkt +0.28holdout +0.68stable 100%robust
ρ +0.68beyond mkt +0.28holdout +0.69stable 100%robust
ρ +0.67beyond mkt +0.27holdout +0.66stable 100%robust
ρ +0.73beyond mkt +0.27holdout +0.72stable 100%robust
Moves against LECO
ρ -0.48beyond mkt -0.04holdout -0.41stable 100%robust
ρ -0.32beyond mkt +0.03holdout -0.14stable 75%moderate
ρ -0.41beyond mkt +0.02holdout -0.31stable 100%robust
ρ -0.46beyond mkt +0.01holdout -0.48stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.35holdout +0.45stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.67recent -0.17prior +0.50beyond mkt -0.09
Δ -0.65recent -0.21prior +0.44beyond mkt +0.08
Δ -0.65recent -0.05prior +0.60beyond mkt -0.07
Δ -0.63recent -0.06prior +0.57beyond mkt -0.05
Δ -0.62recent -0.46prior +0.16beyond mkt -0.05
Δ -0.61recent -0.13prior +0.48beyond mkt +0.05
Traded with LECO
Abnormal volume rises and falls on the same days as LECO's, while prices do not move together: the same hands, not the same business.
| Symbol | traded together ρ | big prints together ρ | priced together ρ | score | q |
|---|---|---|---|---|---|
| GHC GRAHAM HOLDINGS COMPANY | +0.32 | +0.11 | -0.04 | 4e-10 |
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| ESAB ESAB Corporation | +0.41 | +0.71 | 12 |